Tuesday 29 July 2014
 
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Trade deficit

US trade deficit widens in Nov

The US trade deficit unexpectedly widened in November due to a surge in imports, pointing to a sharp slowdown in economic growth during the last three months of 2012. Still, the trade gap's growth was driven by imports of cons

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Jordan trade deficit widens 34pc in Q1

Jordan's trade deficit widened 34.2 per cent to JD3.24 billion ($4.56 billion) in the first quarter of this year against the same period in 2011, due to a higher bill for imported Saudi oil and other petroleum products, official data showed on Wed

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US trade deficit shrinks 4.9pc

The US trade deficit narrowed in April on slowing global demand, with both imports and exports dropping from record high levels set in March as Europe's slumping economy appeared to take a toll, a government report showed. The gap shra

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India trade deficit swells to most in 22 months

India's trade deficit swelled in July to its biggest level in almost two years, putting further pressure on the current account and on the need for India to attract capital inflows to avoid pressure on its currency.    The

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Jordan's H1 trade deficit widens to $3.9bn

Jordan's first-half trade deficit widened 18 per cent from the same period last year to JD2.792 billion ($3.9 billion), due to a higher bill for imported Saudi oil, official data showed on Monday. A chronic trade deficit and spiralling

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US presses China on trade, Beijing warns on risks

The United States on Sunday pressed China to give 'fair access' for foreign companies, and China stressed the risks both economies face from Europe's debt woes, ahead of top-level talks in Beijing. Speaking in China's comme

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China denies currency manipulation

Beijing offered a robust defence of its currency policy on Tuesday, denying that it manipulates the yuan and rejecting the argument that a stronger exchange rate would erase the US trade deficit with China. A Foreign Ministry spokesman, Ji

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Jordan Jan-Sept trade deficit narrows to $5.5bn

Jordan's trade deficit narrowed 22.9 per cent to 3.9 billion dinars ($5.5 billion) from January to September, compared with the same period in 2008, mainly due to a lower bill for Saudi oil imports, official data showed on Tuesday. Departm

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Billion-dollar IPOs set to return to US

Investors lured by healthier stock markets and private equity firms eager to unload stakes in their portfolio companies are setting the stage for the return of billion-dollar-sized initial public offerings to the US. The size of several re

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